Home prices
The median home in Cherokee costs $90,400. This is about $7,200 (8%) higher compared to its surrounding areas.It is roughly $127,100 (58%) lower compared to the rest of the country, and compared to the city of Sioux Falls is about $99,400 (52%) lower.
Rents
The median monthly rent in Cherokee is $551. Compared to its nearby areas it is about $55 (9%) lower.In comparison to the United States as a whole it is about $511 (48%) lower, and compared to the city of Sioux Falls it is roughly $276 (33%) lower.
Nearby places
Meriden
Meriden is approximately 4 miles northwest of Cherokee. Its real estate prices are similar. Meriden's median home cost is $91,400, which is $1,000 (1%) higher than Cherokee. The rent there is a little more expensive. The median monthly rent in Meriden is $625, which works out to $74 (11%) higher than Cherokee.
Aurelia
Aurelia is about 5 miles southeast from Cherokee. Real estate prices there are a bit more expensive. The median home in Aurelia is valued at $101,500, which comes out to $11,100 (10%) higher than Cherokee. The rent there is a little less expensive. In Aurelia the median rent is $522 per month, which is $29 (5%) lower than Cherokee.
Cleghorn
Cleghorn is about 8 miles northwest of Cherokee. The real estate prices there are a bit less expensive. The value of the median home in Cleghorn is $71,000, which comes out to $19,400 (27%) lower than Cherokee. The rent there is a bit more expensive. In Cleghorn the median monthly rent is $663, which is $112 (16%) higher than Cherokee.
Quimby
Quimby is approximately 8 miles southwest from Cherokee. Real estate prices there are substantially less expensive. The median home in Quimby is valued at $41,100, which comes out to $49,300 (119%) lower than Cherokee. Rent there is somewhat less expensive. In Quimby the median rent is $475 a month, which works out to $76 (15%) lower than Cherokee.
Alta
Alta is approximately 11 miles southeast of Cherokee. The real estate prices there are a little more expensive. The cost of the median home in Alta is $111,000, which works out to $20,600 (18%) higher than Cherokee. Rents there are somewhat more expensive. In Alta the median monthly rent is $744, which comes out to $193 (25%) higher than Cherokee.
